Tuesday , 20 November 2018
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Tag Archives: Digital

DWS Group acquires stake in digital investment platform Neo Technologies

DWS Group enters into a strategic partnership and acquires an equity stake of 15% in Neo Mena Technologies Neo Technologies is a first mover in digital asset management solutions for financial institutions in the MENA region, based out of the Dubai International Financial Centre Neo team has worked with NBK Capital to launch Kuwait’s first digital investment service DWS Group …

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Egypt’s CIB progresses plans to launch digital bank

Bank executive says digital banks are key to bringing around 45 million eligible Egyptians into the formal banking sector One of Egypt’s biggest banks, Commercial International Bank (CIB), is pressing ahead with plans to create a digital bank, in a bid to tap into the huge numbers of the country’s population that remains unbanked and bring them into the formal …

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Jobs in UAE: Banks hire 760 employees in 2018

Local banks increased their hiring while foreign banks reduced the number of employees. UAE banks added 760 employees in the first seven months of this year despite decrease in the number of branches, official figures showed. According to the Central Bank data, local banks increased hiring while foreign banks reduced number of employees during January to July period. In total, …

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UAE leads Middle East in digital competitiveness

Emirates ranking jumped one place to 17th globally The UAE’s global ranking in digital competitiveness continued to improve as it secured the 17th position in IMD World Digital Competitiveness 2018 report. The region’s second biggest economy also maintained its lead in the Middle East chiefly due to Dubai’s strong push towards digitisation and embracing new technologies to make the emirate …

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Emirates NBD to launch EasyHub integrated digital kiosks

Access branch services beyond banking hours, any day of the week Partners with Diebold Nixdorf to offer multi-functional interactive terminal Open an account and get a debit card instantly Access branch services beyond banking hours, any day of the week Dubai: Emirates NBD, a leading bank in the Middle East, has partnered with Diebold Nixdorf, a world leader in driving …

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Takaful Emarat launches new brand to reflect major digital transformation

Launches a New Medical Product “Personal Health +” Dubai – Takaful Emarat (“the Company”), the DFM-listed Shariah-compliant Life and Health Takaful provider, is pleased to announce that it has introduced a bold new corporate identity to reflect its growing business and digital transformation. The Company has launched the ‘tlife’ brand for its life and health business. The general insurance business, …

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in5, Oracle collaborate to drive Dubai startup growth through digital transformation

Global technology leader to provide 120+ startups with meet-up sessions, training on emerging technologies. in5, an enabling platform for students, startups and entrepreneurs, has entered into an agreement with Oracle to help startups in Dubai explore new growth avenues, introduce innovative services, and deliver an exceptional customer experience through driving digital transformation. In its first phase of implementation, the program …

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Digital transformation of Service Economy can drive growth across Middle East and Africa says World Bank

Rabah Arezki, Chief Economist for Middle East and North Africa Region (MNA) at the World Bank will be addressing this subject in a Keynote Speech: “A new economy for MENA – how the service economy and digital transformation can drive growth and job creation across the region” Investment into digital transformation in the major Cities of the Middle East and …

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Focus on SMEs: Dubai to launch first local online marketplace

DubaiStore will also host the licensed home businesses acting as a reference platform. By Staff Writer, TradeArabia Digital Economy Solutions (DES), a joint venture between emaratech and the Department of Economic Development of Dubai (DED), will launch DubaiStore, the first local online marketplace to focus on SMEs and home-based businesses (e-traders). DubaiStore, quintessentially an online marketplace for all licensed businesses …

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Digitisation at the centre of ENBD’s retail growth strategy

UAE and the region are ready for digital only banks Dubai: Digital initiatives have been a key focus area for Emirates NBD’s service delivery much before digital transformation became a buzzword in the region’s financial services industry. Even as the banking sector is busy figuring out a way to address the digital challenges posed by Fintech and disruptive banking technologies, …

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